Mobile banking applications have gained significant popularity, providing customers convenient access to banking services anywhere, anytime. Gartner predicts a compound annual growth rate of 29.97% for BaaS engagement among banks and nonbanks up to 2030. Despite the convenience these apps offer, security concerns have resulted in breaches of banks and consumer accounts worldwide, highlighting the need for greater attention to their security. As mobile banking continues to grow, banks must prioritize mobile banking application testing to ensure their customers' information security. Only by enlisting the expertise of mobile security specialists can banks fully mitigate the risks and provide their customers with the seamless, secure banking experience they deserve.
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